Finnish Cards & Payments Marketplace Discussed in Timetric Report Available at MarketPublishers.com10 Feb 2016 • by Natalie Aster
LONDON – In Finland, consumers become increasingly interested in the contactless technology and more and more local issuers have started to introduce cards enabled with the contactless technology.
For instance, contactless cars have been recently introduced by Compass Card and Euroloan Consumer Finance. Besides, a local convenience store chain and Elisa (a telecom company) initiated to sell pre-loaded NFC payment stickers in H1 2014.
There were more than 1.95 million contactless cards in the country by 2015. This number is expected to almost hit the 8 million mark by 2019, showing a CAGR of approximately 24.2 percent.
Finland can boast a very high level of banking penetration. A number of steps are also being taken in order to increase banking penetrations amid swiftly growing immigrant population.
In the meantime, local customers are encouraged to make m-payments, with an increasing number of retailers allowing customers to make such payments.
Cutting-edge research report “The Cards and Payments Industry in Finland: Emerging Trends and Opportunities to 2019” worked out by Timetric offers a detailed analysis of the Finnish market for cards and payments. The study comprises a 360-degree view of this marketplace. It unveils key facts and events related to the industry. The report covers payment instruments in detail and investigates the local e-commerce market. The research study explores the alternative payments marketplace and canvasses the regulatory landscape. It limelights driving forces and looks at the performance of different market segments. The research report casts light on launches of new products. The study contains valuable data on card issuers and discusses market opportunities through 2019.
The Cards and Payments Industry in Finland: Emerging Trends and Opportunities to 2019
Published: January, 2016
Price: US$ 3,995.00
- all-round overview of this Finnish industry;
- in-depth coverage of this marketplace;
- investigation of market drivers, trends and opportunities;
- data on the competitive landscape;
- and more.
More in-demand studies by this publisher can be found at Timetric page.